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This paper investigates the relationship between trust and macroeconomic volatility. In a cross section of countries …, we show that higher trust is associated with lower macroeconomic instability. We use the inherited trust of Americans as … an instrumental variable of trust in their origin country to overcome all potential reverse causality concerns. We use …
Persistent link: https://www.econbiz.de/10010738740
This paper documents the co-evolution of social capital, measured as generalized trust, and financial development over … the twentieth century. I use cross generations inherited trust of Americans with foreign ancestors to track trust in their … home country in 1913 and 1990. The paper documents a positive cross-section relationship between trust and financial …
Persistent link: https://www.econbiz.de/10010738967
Based on recent field research, the paper suggests an interpretative model of territorial government in France. Relations between national and local authorities as well as policy- making processes suggest that the centralized State has faced a major decline of its hegemony and that...
Persistent link: https://www.econbiz.de/10009367990
When studying local development, we find that decentralization and local governance are inseparable factors that contribute strongly into the efficiency of local development attempts. Decentralization gives local authorities more responsibilities and freedom of action without having to refer to...
Persistent link: https://www.econbiz.de/10010820922
This article is an entry to be published in an International Encyclopedia of Civil Society in 2009. Mutual organizations exist everywhere in developed and developing countreies as well. After a definition founded on social economy principles, the paper gives the historical background of mutual...
Persistent link: https://www.econbiz.de/10010750765
, business uncertainty, trust, and social respect are positively related to a supplier's relational adaptation. Research … interfirm governance mechanism to attain relational adaptation. Second, the development of trust and social respect in customer …
Persistent link: https://www.econbiz.de/10009418528
probabilities" in order to break the trust relationship. Investors do not alter their behavior in a significant way, at least not … zero. In the light of the experimental findings, such trades would not provide a favorable environment for building trust. …
Persistent link: https://www.econbiz.de/10008855828
analyse the role and the development of trust and then, the relation between the degree of sophistication of Information and …
Persistent link: https://www.econbiz.de/10009325721
In Part 1, this paper provides an overview of historical, legal, political and cultural factors which have shaped, to this day, the system of industrial relations in France. Drawing on the quantitative results of an on-line survey and on the qualitative analysis of a series of interviews with a...
Persistent link: https://www.econbiz.de/10010765711
retirement incentives set by governments. We show the importance of trust given to the employer in wage negotiations by a simple … of the distribution of trust to employers at the country level. We then identify these properties by an empirical study … conditions. This results also applies to countries with higher generalized trust. …
Persistent link: https://www.econbiz.de/10010738790